PARIS , Feb. 5, 2025 /PRNewswire/ -- A stunning 1964 Ferrari 250 LM has been named winner of the 10th annual The Peninsula Classics Best of the Best Award 2024. Presented during an awards ceremony at The Peninsula Paris, the distinction recognises the pinnacle of classic automotive design and engineering.

The Ferrari, chosen from a select group of nine vehicles that won awards at the past year's major concours events, became eligible for consideration after winning the Best in Show honour at the Cavallino Classic in January 2024 . "I am truly humbled to receive this distinguished award," said Mr. Chris Cox , owner of the 1964 Ferrari 250 LM.

"It brings me tremendous joy to show a vehicle with such a rich history at the world's biggest concours, and being selected for The Peninsula Classics Best of the Best Award is the highest honour a car collector can achieve." Originally unveiled in Paris in November 1963 , the Ferrari 250 LM (for "Le Mans") is a Grand Touring version of the mid-engined Ferrari 250 P. Featuring a body designed by Pininfarina and built by Scaglietti, it was intended to replace the 250 GTO, one of Ferrari's most successful race cars.

Although Ferrari was unable to obtain LM approval in the GT class, the model achieved significant success when a 250 LM won the 1965 Le Mans 24 Hours and the 1965 International Trophy for GT Prototypes. One of only 32 produced, this particular 250 LM enjoyed an accomplished racing career from 1965 to 1967, with notable victories.